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Cable Update (GBPUSD)

  • #834,541
  • Aug 6, 2024 6:07am Aug 6, 2024 6:07am
Quoting Yngwie
Long 1.2712
closed -12p.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #834,542
  • Aug 6, 2024 6:07am Aug 6, 2024 6:07am
Quoting Fardeen1209
{quote} I just sold Gold on the previous 15mins candle targeting 2337.
PA is favoruing the downside more than the upside.
All my upward scenario are invalidated. So use "if not this, then that" approach.
As yesterday pointed out.
Quoting Fardeen1209
{quote} The probability for a new high is getting lower and lower. PA on Gold is really tricking. The clearest setup, is wyckoff on Daily tf.
15mins Zoom out
Attached Image (click to enlarge)
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Given we are coming from a LH (or the previous swing failed to break above the swing high that precedes it), the origin of the previous swing must be sweep/Broken.
15mins Zoom in
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD_2024-08-06_14-57-47.png Size: 72 KB

Trade setup like this, coupled with my MM, allowed me to sustain multiple consecutives losses. Since very low risk, and high reward. Then one trade come makes me rich again.
So plan accordingly, Never follow blindly. Criteria(i use price, time and wave) must allign on your side too, before taking a trade. Random trade leads to disaster.
More time in the market, does not mean you trade better!
  • #834,543
  • Aug 6, 2024 6:09am Aug 6, 2024 6:09am
Quoting genadi
{quote} closed at 1.2699 4 pips loss try long again at 1.2689
out at 1.2699
+9 pips
  • #834,544
  • Aug 6, 2024 6:26am Aug 6, 2024 6:26am
Quoting Pat Chiko
{quote} {quote} GOLD J.T. I'm guessing only this will go on till 2530 zone. I hope it can reach there with some luck. Hope my scalping will bring it up there, sometimes in the future.{image}
GOLD

Scalping setup only

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #834,545
  • Aug 6, 2024 6:30am Aug 6, 2024 6:30am
Quoting Fardeen1209
Understanding money management will make you become like this guy {image}
You pic remind me these guy.....
Attached Image (click to enlarge)
Click to Enlarge Name: copy shooter.jpeg Size: 44 KB


Same styles, belong to the same gang.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #834,546
  • Aug 6, 2024 6:36am Aug 6, 2024 6:36am
Quoting Pat Chiko
{quote} You pic remind me these guy.....{image} Same styles, belong to the same gang.
  • #834,547
  • Aug 6, 2024 6:37am Aug 6, 2024 6:37am
Quoting Pat Chiko
{quote} GOLD Scalping setup only {image} {image} {image}
wow,
we took the same trade on Gold. Looks like i am getting better at trading...

  • #834,548
  • Aug 6, 2024 6:38am Aug 6, 2024 6:38am
Quoting Pat Chiko
{quote} GOLD Scalping setup only {image} {image} {image}
I just took a short. Common
Deez nuts kick me outta my all previous buys.
More time in the market, does not mean you trade better!
  • #834,549
  • Aug 6, 2024 6:41am Aug 6, 2024 6:41am
Quoting Pat Chiko
{quote} You pic remind me these guy.....{image} Same styles, belong to the same gang.
We have John Wick in the same gang.
More time in the market, does not mean you trade better!
  • #834,550
  • Aug 6, 2024 7:24am Aug 6, 2024 7:24am
Quoting Whale
{quote} 1.293 minimum from around today low. my careful view is 1.2825
My view 128 is not gonna happen any time today. 126 before a move up
Insane in the Brain..
  • #834,551
  • Edited 8:08am Aug 6, 2024 7:31am | Edited 8:08am
R-R wise GU should be bought!!! I can see the difference in sentiments between EU and GU. Once GU is brought up to speed with EU so that buy-sell ratio of both pairs are uniform, GU will rocket up to 1.31 at the very least, and it will do it without a pause.

Trade buy responsibly.
  • #834,552
  • Aug 6, 2024 7:38am Aug 6, 2024 7:38am
Quoting W0lfram
looks like smt bullish... or deceiving? Going short. And from 1.29+ if it goes there. to ~1.268, 1.256 {image} NFP candle on DX was a SLip (stop orders cascade). Usual scenario - come back and accumulate orders in normal way {image} and yes, it's a gap
going scalp buy 1.2676
Attached Image (click to enlarge)
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Air force
  • #834,553
  • Aug 6, 2024 7:45am Aug 6, 2024 7:45am
Im in too, lower TL bounce
will add more
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People don't plan to lose. They lose because they don't plan.
  • #834,554
  • Aug 6, 2024 8:01am Aug 6, 2024 8:01am
Quoting Fardeen1209
{quote} PA is favoruing the downside more than the upside. All my upward scenario are invalidated. So use "if not this, then that" approach. As yesterday pointed out. {quote} 15mins Zoom out {image} Given we are coming from a LH (or the previous swing failed to break above the swing high that precedes it), the origin of the previous swing must be sweep/Broken. 15mins Zoom in {image} Trade setup like this, coupled with my MM, allowed me to sustain multiple consecutives losses. Since very low risk, and high reward. Then one trade come...
First PARTIAL TP. (Partial cover my expected loss on this trade). The rest ride till 2337 or reverse, idk.
Now its a free trade. Will re-add shorts when criteria are aligned once again.
More time in the market, does not mean you trade better!
  • #834,555
  • Edited 8:15am Aug 6, 2024 8:01am | Edited 8:15am
Today low is in place IMO.. 1.2674 or around it
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  • #834,556
  • Aug 6, 2024 8:06am Aug 6, 2024 8:06am
Quoting ScalaFX
Im in too, lower TL bounce will add more {image}
Trading and Driving can be fatal not only to you but to
Attached Image (click to enlarge)
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Eyes on road, bud.
Drive safe.
More time in the market, does not mean you trade better!
  • #834,557
  • Aug 6, 2024 8:09am Aug 6, 2024 8:09am
Quoting navk
us dollar will retain its hold when uk/us opens
I said this correctly.

This is my ego.

In this fx forum, people ask who said correctly and who said first is important !!

lol
Intraday only.
  • #834,558
  • Aug 6, 2024 8:12am Aug 6, 2024 8:12am
Cable remain short next level of support 126.350
  • #834,559
  • Aug 6, 2024 8:14am Aug 6, 2024 8:14am
Quoting elude
{quote} Now the UJ is following the GU down This surprise is absolutely amazing. Sold GU 1.27041 /SL 1.27211 (17pips ) /TP 1.26741 (30pips) ............ back to bed
TP hit, enuf for fine dining later tonight
  • #834,560
  • Aug 6, 2024 8:17am Aug 6, 2024 8:17am
Quoting Whale
Today low is in place IMO.. 1.2674 or around it {image}
how I’d love to see 128 again lol
Insane in the Brain..
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